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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Mar 2015

The Traditional Chinese Medicine Hospitals market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$47bn
Annual Growth 10-15
18.0%
Annual Growth 15-20
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Profit
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Employment
788,607
Businesses
3,023
Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of the Traditional Chinese Medicine Hospitals industry has accelerated in recent years. In 2015, revenue for this industry is expected to reach $46.7 billion, up 14.0% from 2014 and representing annualized growth of 18.0% from 2010.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability is estimated to rise from 0.9% in 2007 to 4.5% in 2015. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 3,023 traditional Chinese medicine hospitals in China, each containing 236 beds on average.... purchase to read more

Industry Report - Industry Products Chapter

Medicine sales

Medicine sales are the greatest source of revenue for traditional Chinese medicine (TCM) hospitals, contributing an estimated share of 55% in 2014. Compared with other hospitals, medicine sales account for an even higher proportion for traditional Chinese medicine hospitals. The rising price of some traditional Chinese medicine materials in recent years helped drive revenue growth in recent years. Price controls have been a great challenge for the government and one of the important issues for reform in the healthcare system... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
 
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services


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